Revenue segments as reported by the company.

New Equipment

Service

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Other income (expense), net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Otis Worldwide

Otis Worldwide Corp. engages in the manufacture, installation, and provision of escalator and escalator services. It operates through the New Equipment and Service segments. The New Equipment segment designs, manufactures, sells, and installs a wide range of passenger and freight elevators. The Service segment offers maintenance and repair services, and modernization services to upgrade elevators and escalators. The company was founded by Elisha Graves Otis in 1853 and is headquartered in Farmington, CT.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Otis Worldwide reports strong Q4 performance and outlines growth plans

Otis Worldwide showcased robust performance in Q4 2022, with growth in key metrics and strategic initiatives driving future growth prospects.
Despite challenges from headwinds, the company's strengths in margin expansion, global projects, and ESG efforts position it well for continued success.
With a focus on enhancing productivity, customer relationships, and cash flow conversion, Otis is poised to capitalize on opportunities for sustained growth and profitability.

Otis Worldwide reports strong Q1 results, eyes growth opportunities in Asia

Otis Worldwide's Q1 performance reflects a robust business model with positive growth indicators and strategic capital allocation. While facing regional challenges, the company remains confident in its outlook and aims for sustained profitability and growth.

Otis Worldwide reports strong Q2 performance and eyes growth opportunities in Asia

Otis Worldwide reported a strong Q2 performance with high single-digit organic sales growth, expanded profit margins, and notable EPS growth. The company showcased strength in securing global contracts, emphasizing sustainability, and introducing operational efficiency initiatives.
While facing challenges with new equipment orders and market uncertainties in China, Otis has opportunities to leverage its strong market presence, focus on sustainability, and capitalize on growth in Asia. Initiatives like the UpLift program and mod margin enhancements position the company for future success.
Overall, Otis Worldwide's performance in Q2 reflects resilience and strategic focus, with a strong service segment, robust financial results, and a commitment to sustainability. The company's initiatives and market opportunities present a positive outlook for continued growth and profitability.

Otis Worldwide reports strong Q3 results amidst New Equipment challenges

Otis Worldwide's Q3 performance showcased strength in service segments and organic sales growth, despite challenges in New Equipment orders. The company's focus on key markets like China and initiatives like the Uplift program position it well for future growth.

Otis Worldwide reports robust Q4 performance and eyes modernization growth

Otis Worldwide's Q4 performance showcased strong growth in modernization orders, service sales, and global project wins, underpinned by innovation and sustainability goals.
While facing challenges in backlog volume and competitive markets, Otis remains focused on opportunities for margin growth, ESG initiatives, and market expansion.
The company's 2024 outlook is optimistic, with expectations of continued growth in key financial metrics and a strategic focus on modernization and service segments.

Otis Worldwide reports strong Q1 performance, eyes growth in India

Otis Worldwide's Q1 performance showcased growth in key segments, margin expansion, and strategic investments in growth markets like India. Challenges include margin maintenance in China and backlog conversion in the Modernization segment. Opportunities exist in acquisitions, supply chain optimization, and the high-growth market of India.

Otis Worldwide reports solid Q2 performance amidst market challenges

Otis Worldwide's Q2 performance showcased strength in the Service segment but faced challenges in New Equipment orders due to market conditions. The company's focus on ESG goals and cost-saving initiatives present opportunities for future growth and efficiency.

Otis Worldwide reports solid Q3 results, eyes growth opportunities

Otis Worldwide delivered a strong Q3 performance driven by service segment growth.
While facing challenges in New Equipment sales, the company is optimistic about future opportunities.
With a focus on operational excellence and shareholder value, Otis aims for continued growth in 2024.

Revenue

Cost of revenue

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Operating expenses

SG&A

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EBITDA

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Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

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Purchase/sale of business

Other sources

Cash from financing

Change in stock

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Cash from other sources

Net change in cash

Free cash flow

Otis Worldwide's (OTIS) first-quarter results are expected to reflect the adverse impacts of inflation.

Otis Worldwide (OTIS) to Post Tepid Q1 Earnings: Here's Why

Winning schools earn grants as part of Made to Move Communities™  Global Student Challenge sponsored by Otis Worldwide. FARMINGTON, Conn.

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OTIS benefits from digital innovations and operational improvements despite headwinds.

OTIS' Product Innovation & Services Business to Drive Growth

FARMINGTON, Conn. , April 12, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, April 26, 2023, at 8:30 a.m.

Otis First Quarter 2023 Earnings Advisory

Report details initiatives and progress toward 13 ESG goals and commitment to fostering a more sustainable, inclusive world FARMINGTON, Conn. , April 6, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) published its 2022 ESG report, describing its Environmental, Social and Governance (ESG) strategy and highlighting alignment with the company's strategic operating imperatives of Sustaining New Equipment Growth, Accelerating Service Portfolio Growth, Advancing Otis' Digitalization, and Focusing and Empowering the Organization.

Otis Publishes 2022 ESG Report

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A high backlog level and pricing in FY2023 should drive the topline growth in the New Equipment segment. The accelerated maintenance portfolio growth, pricing increases, and a high backlog for modernization business should increase the revenue in the Service segment.

Otis Worldwide: Good Growth Prospects At Reasonable Valuation

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Otis Worldwide (OTIS) reported earnings 30 days ago. What's next for the stock?

Why Is Otis Worldwide (OTIS) Up 2.2% Since Last Earnings Report?

She succeeds Perry Zheng who will assume a new executive leadership role at Otis World Headquarters FARMINGTON, Conn. , Feb. 27, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces the appointment of Sally Loh as President, Otis China, reporting directly to Otis Chair, CEO & President, Judy Marks.

Otis Appoints Sally Loh President, Otis China

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FARMINGTON, Conn. , Feb. 2, 2023 /PRNewswire/ -- The Otis Worldwide Corporation (NYSE: OTIS) Board of Directors today declared a quarterly dividend of $0.29 per share of Otis' common stock.

Otis Declares Quarterly Dividend of $0.29 per Share

Solid operational improvement and a lower share count boost Otis Worldwide's (OTIS) Q4 earnings.

Otis (OTIS) Q4 Earnings & Sales Beat Estimates, Backlog Solid

Otis Worldwide Corporation (NYSE:OTIS ) Q4 2022 Earnings Conference Call February 2, 2023 8:30 AM ET Company Participants Michael Rednor – Senior Director-Investor Relations Judy Marks – Chief Executive Officer and President Anurag Maheshwari – Executive Vice President and Chief Financial Officer Conference Call Participants Julian Mitchell – Barclays Nick Housden – RBC Capital Markets Nigel Coe – Wolfe Research Steve Tusa – JPMorgan Miguel Borrega – Exane BNP Paribas Operator Good morning, and welcome to Otis' Fourth Quarter 2022 Earnings Conference Call. This call is being carried live on the Internet and recorded for replay.

Otis Worldwide Corporation (OTIS) Q4 2022 Earnings Call Transcript

Otis Worldwide (OTIS) delivered earnings and revenue surprises of 2.74% and 3.77%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Otis Worldwide (OTIS) Beats Q4 Earnings and Revenue Estimates

Otis Worldwide Corp. OTIS, +1.57% posted stronger-than-expected fourth-quarter earnings on Wednesday, despite macro challenges it says are pressuring its business. The elevator and escalator manufacturer posted net income of $297 million, or 71 cents a share, for the quarter, up from $281 million, or 65 cents a share, in the year-earlier period.

Otis Worldwide Q4 profit and sales top estimates, offers upbeat guidance for 2023

Delivers MSD fourth quarter organic growth and strong Service operating profit margin expansion; announces 2023 outlook supported by solid New Equipment backlog and 4.1% maintenance portfolio growth 4Q Net sales down 3.6% and organic sales up 6.1% with GAAP EPS up 9.2% and adjusted EPS up 4.2% 4Q New Equipment orders up 4%; FY up 7%; backlog up 3%, adjusted backlog up 11% at constant currency Maintenance portfolio units up 4.1% FY Net sales down 4.3% and organic sales up 2.5% with GAAP EPS up 2.4% and adjusted EPS up 7.5% FY GAAP cash flow from operations of $1.6 billion; free cash flow of $1.45 billion, or 115% of net income Announcing 2023 outlook* with organic sales up 4 to 6%, adjusted earnings per share of $3.35 to $3.50 and free cash flow of $1.5 to $1.55 billion FARMINGTON, Conn. , Feb. 1, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) reported full year net sales of $13.7 billion with 2.5% organic growth.

OTIS REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS

Otis Worldwide (OTIS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Otis Worldwide (OTIS) Beat Estimates Again in Its Next Earnings Report?

Otis Worldwide's (OTIS) Q4 results are expected to reflect a solid backlog level, strong Service performance and cost containment despite the adverse impacts of inflation and currency headwinds.

Factors Setting the Tone for Otis Worldwide (OTIS) Q4 Earnings

Otis Worldwide (OTIS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Otis Worldwide (OTIS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Digital innovation and operational improvement benefits Otis (OTIS) despite the headwind from foreign exchange translation.

Here is How Otis (OTIS) is Poised for 2023 Amid Industry Woes

FARMINGTON, Conn. , Jan. 11, 2023 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Wednesday, February 1, 2023, at 8:30 a.m.

Otis Fourth Quarter 2022 Earnings Advisory

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News for Otis Worldwide Stock (OTIS)